The first liquefaction train from the North Field east expansion project will start production by mid-2026. “As for North Field West, it is in the engineering phase and will be going into the construction phase somewhere in 2027”, Al-Kaabi, who is also Qatar’s energy affairs minister, told the World Gas Conference in Beijing, as quoted in a statement from QatarEnergy.
Speaking at an industry event in Paris, GIIGNL President Anne-Sophie Corbeau noted that although long-term fundamentals remain strong, short- to medium-term demand projections are increasingly difficult to pin down due to volatile pricing, geopolitical fragmentation, and uneven economic recoveries in key Asian markets. GIIGNL’s annual report, also released today, underscores that while global LNG imports reached 405 million tonnes in 2024 — up from 401 million in 2023 — growth is slowing, and regional dynamics are diverging.
Called MLF-O, the next-generation design from SHI optimizes the production facility for deepwater areas with a wave height of nine meters. According to SHI, the design has the advantage of providing faster delivery and cost-effective efficiency compared to onshore plants. ABS completed design reviews based on class and statutory requirements.
TotalEnergies has signed an agreement to purchase 2 million tonnes per annum of LNG over 20 years from the Ksi Lisims LNG project in British Columbia, Canada, the company said on Monday.
The agreement, subject to the project’s final investment decision, also includes TotalEnergies acquiring a 5% stake in Western LNG, the project’s developer and future operator, with the option to raise its participation up to around 10% upon FID.
State-owned companies have signed at least four contracts since December, totaling nearly 11 million tons per year, priced to the Henry Hub index, according to the executives familiar with the deals. Until now, most of India’s long-term contracts have been linked to crude oil, the traditional way to price LNG deals.
Indian Oil Corporation has signed a five-year deal with Trafigura to import 2.5 million tonnes of LNG in a USD 1.3 billion-1.4 billion agreement, Reuters cited chairman A S Sahney as saying on Wednesday.
TotalEnergies and OQ Exploration and Production have broken ground on the Marsa LNG plant in Oman, one year after reaching final investment decision on the project.
The 1 million ton per annum (MMtpa) liquefaction plant is being built by Marsa LNG LLC, a joint company between TotalEnergies (80%) and OQEP (20%). The LNG production, which is expected to start in the first quarter of 2028, is primarily intended to serve the marine fuel market (LNG bunkering) in the Gulf.
The go-ahead from the Federal Energy Regulatory Commission (FERC) applies to Golden Pass LNG’s boil-off gas compression system, LNG storage, liquefaction system, LNG pumps, and end flash gas compression system. The permit was requested December 2023.
Africa is home to the highest concentration of FLNG infrastructure in the world, underscoring its growing importance in the global gas market. The continent currently boasts an onshore LNG production capacity of approximately 70 Mtpa, accounting for around 14% of the global total. West Africa leads the charge within Sub-Saharan Africa, producing more than half of the region’s LNG last year and is targeting a 50% increase by 2030. At the heart of this growth is Nigeria, which contributes nearly two-thirds of West Africa’s LNG output and over one-third of the continent’s total —cementing its role as a cornerstone of Africa’s LNG ambitions on the global stage.
ADNOC has signed term deals for the supply of LNG with Chinese buyers ENN Natural Gas and state-owned Zenhua Oil, Reuters reported on Saturday.
Privately owned natural gas company ENN Natural Gas agreed to buy about 1 million tonnes per year for a period of 15 years. The deal represents ADNOC’s largest-ever LNG supply contract with a Chinese buyer, according to the report.